Mint corporation has several transactions with foreign entities. each transaction is denominated in the local currency unit of the country in which the foreign entity is located. on november 2, 20x8, mint sold confectionary items to a foreign company at a price of lcu 23,000 when the direct exchange rate was 1 lcu = $1.08. the account has not been settled as of december 31, 20x8, when the exchange rate has increased to 1 lcu = $1.10. the foreign exchange gain or loss on mint's records at year-end for this transaction will be:
a. $460 lossb. $387 lossc. $387 gaind. $460 gain

cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production